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CU System Briefs (10/23/2013)
  • WILKES-BARRE, Penn. (10/23/13)--A man who pleaded guilty to robbing a credit union in Hazleton, Penn. and two banks in the area faces a sentence of up to 60 years in a federal prison and fines of $750,000. Shawn Luther Kelly, 35, allegedly stole $1,140 from a Choice One Community FCU branch on April 20, 2012. He also was charged with robbing a PNC Bank branch in Hazle Township, taking $3,980 on April 16, 2012, and a Citizens Bank in West Hazleton, taking $1,420 on April 24, 2012. The case against Kelley was initially being pursued by state and local law enforcement until the FBI joined the investigation. Kelley was caught by a combination of a tracking device placed in one of the bags he allegedly used to steal the money, surveillance footage, and cell phone tracking data (The Wilkes-Barre Times Leader Oct. 21) ...
  • PRINCETON, N.J. (10/23/13)--Amid the federal government shutdown, Americans reported being most pessimistic about quality of life in the U.S. since the last major budget dispute in Washington. Gallup's average Standard of Living Index was measured at 31 for the week ending Oct. 13, equaling the low that the metric reached at the end of the fiscal cliff dispute in January. The index reflects a composite of Americans' current satisfaction and expectations about future living conditions, with the latter being responsible for the majority of the index's eight point decline since mid-September. The index has a maximum of 100 and a minimum of -100, but the highest it has been since it was first measured in 2008 is 45, which occurred in May 2013. It reached a low of 12 during the global financial crisis in the fall of 2008 ...


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